VEMRX vs. VWO
Compare and contrast key facts about Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) and Vanguard FTSE Emerging Markets ETF (VWO).
VEMRX is managed by Vanguard. It was launched on Dec 15, 2010. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEMRX or VWO.
Key characteristics
| VEMRX | VWO | |
|---|---|---|
| YTD Return | 15.41% | 14.73% |
| 1Y Return | 23.49% | 23.16% |
| 3Y Return (Ann) | 0.30% | 0.04% |
| 5Y Return (Ann) | 4.86% | 4.74% |
| 10Y Return (Ann) | 4.03% | 3.93% |
| Sharpe Ratio | 1.78 | 1.48 |
| Sortino Ratio | 2.52 | 2.13 |
| Omega Ratio | 1.32 | 1.27 |
| Calmar Ratio | 0.92 | 0.88 |
| Martin Ratio | 9.63 | 8.41 |
| Ulcer Index | 2.34% | 2.62% |
| Daily Std Dev | 12.68% | 14.87% |
| Max Drawdown | -36.01% | -67.68% |
| Current Drawdown | -6.78% | -7.65% |
Correlation
The correlation between VEMRX and VWO is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VEMRX vs. VWO - Performance Comparison
The year-to-date returns for both stocks are quite close, with VEMRX having a 15.41% return and VWO slightly lower at 14.73%. Both investments have delivered pretty close results over the past 10 years, with VEMRX having a 4.03% annualized return and VWO not far behind at 3.93%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VEMRX vs. VWO - Expense Ratio Comparison
Both VEMRX and VWO have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VEMRX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) and Vanguard FTSE Emerging Markets ETF (VWO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
VEMRX vs. VWO - Dividend Comparison
VEMRX's dividend yield for the trailing twelve months is around 2.57%, which matches VWO's 2.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMRX Vanguard Emerging Markets Index Fund Institutional Plus Shares | 2.57% | 3.52% | 4.11% | 2.63% | 1.92% | 3.26% | 2.92% | 2.35% | 2.56% | 3.31% | 2.91% | 2.81% |
VWO Vanguard FTSE Emerging Markets ETF | 2.58% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
VEMRX vs. VWO - Drawdown Comparison
The maximum VEMRX drawdown since its inception was -36.01%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for VEMRX and VWO. For additional features, visit the drawdowns tool.
Volatility
VEMRX vs. VWO - Volatility Comparison
The current volatility for Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) is 4.17%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 4.90%. This indicates that VEMRX experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.